India’s Smart City Revolution Begins with GIFT City

Ans: GIFT City is located between Ahmedabad and Gandhinagar in Gujarat.

Ans: Major firms like HSBC, NSE IFSC, BSE, Bank of America, and Tata group entities operate in GIFT City.

Ans: GIFT City is gaining global traction as India's first operational IFSC and smart financial hub.

Ans: It boosts India's global financial presence, reduces capital flight, and promotes smart urban growth.

Ans: Challenges included land acquisition, regulatory delays, and attracting early-stage investment.